Vermilion Energy Inc (TSE:VET) (NYSE:VET) Director Lorenzo Donadeo sold 400,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 21st. The stock was sold at an average price of C$41.26, for a total transaction of C$16,504,000.00.
Shares of VET stock opened at C$40.34 on Friday. Vermilion Energy Inc has a fifty-two week low of C$38.33 and a fifty-two week high of C$51.03. The stock has a market cap of $4,870.00, a P/E ratio of 79.10 and a beta of 0.32.
Vermilion Energy (TSE:VET) (NYSE:VET) last released its earnings results on Thursday, March 1st. The company reported C$0.09 earnings per share for the quarter, missing the consensus estimate of C$0.25 by C($0.16). Vermilion Energy had a net margin of 2.94% and a return on equity of 2.23%. The firm had revenue of C$317.34 million during the quarter, compared to the consensus estimate of C$309.15 million.
VET has been the topic of a number of recent research reports. National Bank Financial lowered their price objective on shares of Vermilion Energy from C$54.00 to C$52.00 and set an “outperform” rating on the stock in a report on Friday, March 2nd. CIBC lifted their price objective on shares of Vermilion Energy from C$52.00 to C$55.00 in a report on Tuesday, January 23rd. Barclays lifted their price objective on shares of Vermilion Energy from C$51.00 to C$59.00 in a report on Wednesday, January 17th. Finally, JPMorgan Chase & Co. set a C$50.00 price objective on shares of Vermilion Energy and gave the company an “overweight” rating in a report on Monday, February 12th. Six investment analysts have rated the stock with a buy rating, The stock presently has an average rating of “Buy” and an average price target of C$53.56.
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Vermilion Energy Company Profile
Vermilion Energy Inc produces oil and gas, and focuses on the acquisition, development and optimization of producing properties in North America, the Europe and Australia. Its segments include Canada, which includes production and assets focused in West Pembina near Drayton Valley, Alberta and Northgate in southeast Saskatchewan; France, which produces oil in France; Netherlands, which produces onshore gas and interests include over 24 onshore licenses and two offshore licenses; Germany, which holds interest in a four partner consortium; Ireland, which includes a non-operating interest in the offshore Corrib gas field located approximately 83 kilometers off the northwest coast of Ireland; Australia, which holds an operated working interest in the Wandoo field located approximately 80 kilometers offshore on the northwest shelf of Australia; the United States, which has interests in approximately 97,200 net acres of land in the Powder River Basin of northeastern Wyoming, and Corporate.
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